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tv   [untitled]    February 15, 2012 11:18pm-11:48pm EST

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constantly on any quality you know when you look at things like school choice and the fact that a relatively small portion of union construction workers happen to be minorities where is the change there what if i said if we just eliminated davis bacon out of that had that to do with the transportation bill that is decimating transportation why is it that the republicans are saying we need to move high speed oil from canada mexico i this or that we can export it but we can't move high speed people well i dispute that it's decimating transportation we have two point two trillion dollars in tax revenue can we stop spending it on cowboy poets and actually build a road i mean how is it that the roads are constantly falling apart with all this tax revenue i mean it's just absurd it's a hierarchy of means you know i think that that's a good point because what republicans in the you know the reason that they are opposing spending more on transportation is not because they don't want to spend more in transportation it's because they would like to pay for it they don't want to implement a measure that's going to sort of raise the national debt even know the point is that when you have a federal government that already spends three point five trillion dollars you know it it makes it much more difficult to do governments are being suspended and
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functioning ones are sent to g.d.p. and there was twenty two and a half percent under ronald reagan it was twenty three twenty four percent last year was it not i don't i don't believe so we're only making eighteen this sixteen eighteen percent we don't have the money none of the chinese are building always right now you could say that i mean but it's true that's a fact it is at this tax rate yeah but only a quarter of you know the last ten years of deficit is that there's no evidence of either where the highest the highest income to the united states government was under forty three george bush forty three that was the highest in absolute dollar value but if you look at absolute you know what people were paying as a percentage it was it was higher during the eisenhower the republican i it's our fault for inflating away the value of our currency that was that was the stars appear to strongest natural growth things for this country that's that's a that's kind of a disingenuous argument that the way the discretionary budget as alexander that was when the middle class was and growing ah the middle class is shrinking and the wealthy class is growing i don't have something to do with the fact that back then . wealthy people paid ninety one percent income tax and now the only bit that they
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don't know it did not have to do with that because when you look at historical not tax rates but tax revenue tax revenue has never been more than twenty one percent of g.d.p. regardless of what the top tax rate is it's been ninety percent it's been closer to thirty percent and revenue has never gone over twenty one percent of g.d.p. and what that should tell me now is the makers reading revenue and what that should tell policy makers is that the goal from eight from the perspective of getting the most tax revenue we possibly can should be growing the economic pie not slice to get us over and the countries that are doing really well like denmark finland sweden norway if i always put forth your money you know sweden would be the poorest state in the union right now if they were in the united states poorer than west virginia if you're going to sweden i travel i did a show in there a week it's a wonderful place you know every week sweden is always put up as this utopia life is going quite good leads in the united states they're there they're average income is higher than sweden sweden like but life is more like it is going to ensure that
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the government spending as a percentage of g.d.p. in all of those countries is over fifty percent. then you don't always get a sense of already eight percent but they can always go to canada and sweden i don't see people doing it they're all coming here ok. the wall street reform the wall street wants free reign to crash the economy again in july of two thousand and twelve the volcker rule goes into place now this is basically would have to put in place in one nine hundred thirty five to stop to prevent another crash on wall street and what it says is banks toure's if you want to gamble with your own money no problem but you can't co-mingle your investors funds you know people you me at the you know the three of us you can take the money that we've put in the our checking accounts or our savings accounts and go out and gamble that money in wall street and and this was blown up in one thousand nine hundred by phil gramm and you know led right to in large part the crash of the the wall street crash and so paul volcker a good republican says why do you do this and and and the robot and congress republicans as well bloated for this thing. and now the banks want to blow it up and it looks
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like the republicans want to go along with it i don't understand why i mean the problem i see with essentially no we're referring to banks not being able to make proprietary trades on their own behalf with other people's money so that. the reason that you that i mean this is exactly what it was trading the rule back in would basically it would disallow banks from being able to use that money to provide the reason we don't have a static economic pie in this country is if i invest something the person that i give that money to the person who i make that investment with is then for each use that money in other economic pursuits that then create more wealth in other areas of the economy so if you don't if you don't allow. which part of that was which was you know if you if you give money to a stockbroker he can buy stock on your behalf eat right you buy stock get it coming to you but now it's more capital to invest well actually no it doesn't unless it's an i.p.o. companies don't end up with the stock and somebody else has sold the stock my point is when when when i make an investment that that person that has money to make
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their own investments with that only if it's an i.p.o. or your venture capital it's the vast majority of people who are investing their states or buying stock from one another and only have an honest conversation about this what the truth is this is finding a problem for a solution the downfall and the cause of our economic crisis was not prop trading it was it was maturity mismatching and the quality of the credit portfolios it was not prop trading well i'm not saying argument it was nine hundred trillion dollars worth of worth of what derivatives out there are being traded in but then that's not accurate it was it was actually maturity mismatching long dated maturity versus short dated maturity and liquidity problems so i guess we can have an honest conversation about that and i'm not saying you're completely inadequate happening in a regulated market or an even just a transparent market i don't think it is that what i have read but i'm going to be saying the regulators failed so we get a more rigorous alien reason to know when he said we should never be regulated these anointed geniuses the who are regulators that failed us last time we found new ones right here i believe they were on the books were not being we were just as
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you said we never issue is you know in force regulations on the books before you pass a word in washington until franklin roosevelt this country never went more than fifteen years that a bank anik or a stock market crash or both never more than fifteen years in the entire history the country from one hundred thirty five a glass steagall until until just recently you know we had a stable economy until phil gramm pulled apart glass steagall in one thousand nine hundred ninety this puts it half way back together and just seems to be like a rat is an honest argument to be had for separating shareholder equity investment but i don't i think we're making again we're making a problem for a solution that was not the cause of the financial crisis it wasn't those data we have an economy now that that is you know twenty five percent of our economy now. fire it's the financial services all right but that benefits it was only one person you know when reagan came into office thirty years ago at that time we had twenty six percent of our economy was manufacturing it's down to ten or eleven percent now our commies flipped completely upside down right but and this is where derivatives
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how do these bankers make anything of value we use the word the riveted and i think that that word gets demonized but the reality is when you're an airline company that specializes in service and airlines you don't want to deal with the price of oil that's not a value added activity so for you to go level in favor of people being able to buy futures right but that's done through investment banking and really what we're talking about is the cost of capital increase but no but what this law what this what this rule says is that you as a banker not as american airlines but as a banker can't be buying futures on oil with ma i deposit right no it's not a positive shareholder equity there's a difference there's a very clear there was a can't take your deposit then go out and invest that interest they have there or they will be able to enjoy twelve thousand women when this law goes into effect there are leverage ratios to prevent all that so it's not it's not leverage ratio it's commingling of funds that's that's what the volcker rule prevents that but it doesn't prevent also from buying if you there is an exemption for what treasury bills and fannie and freddie stock i find that ironic is enough that really we're housing but i think we're we've just kind of hit the wall question here for all of
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our viewers and time for our last question quickfire as you may know comedian roseanne barr is trying to run for president as a green party candidate and a public policy poll polling poll between president obama mitt romney and roseanne roseanne pulled six percent of the vote ahead of undecided five percent which makes me wonder what are the ninety's t.v. star would run for president and what would their platform be about scooby doo on marijuana legalization or winning cooper on a platform of abstinence or al bundy on a platform of birth control because got any ideas are you won't pick one of those i've been a bit of ninety's t.v. producer because if we can get larry david in the white house i think we need to. get a lot of screen. talk from what you know as well as i could do so he's probably looking for a job after my p.t. blew that was a terrible decision right so david caruso let's have a record of the hell of a good act is very very essence or yeah mike mike is a guest will be george kinds. of quadrupling that's
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a good well maybe you could live. with dan locking the lock alone thank you very much yes or thoughts would do pretty. crazy alert move over twitter it's pigeon time while the brutal crackdown in syria continues the citizen activists of holmes the main site of the crackdown have found a new way to communicate with each other carrier pigeons since the crackdown has taken out most modern forms of communications in and to the city the residents have decided to use carrier pigeons to transport messages regarding anything from seeking supplies to asking for shelter the pigeons of the only way to get messages through enemy lines one of the pit messages found in a pigeon reads from the activists in old homes to those in baba amar please tell us what you need in terms of supplies medicine and food god willing we will deliver
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them to you the fact that these pigeons are somehow making it safely back and forth through such violent skies really begs the question at the robotic pigeons of the planet xenu come to syria. coming up after the break it's an all out battle for marriage equality across the nation will america ever be forced to embrace the concept or will conservatives successfully denied thousands of americans their civil rights. we just put a picture of me when i was like nine years old and just you know lived through. i'm a contestant i'm a total get of friends that i love traveling hip hop music and. he was kind of a yesterday. i'm very proud of the rule that out you see
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it's a place. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm sorry welcome to the big picture.
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back to the big picture i'm tom hartman coming up in this half hour so far this week washington state has legalized gay marriage in new hampshire has ramped up its efforts to repeal so what's the status of the fight for marriage equality in america today also conservatives want to turn your children into bytes pint sized
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conspiracy theorists was their latest attack on public education and what's the motivation behind it and coming up on tonight's daily take how does a surprising change at fox news foreshadow greater changes within the republican party. in the best of the rest of the news the legalization of gay marriage is a debate that is gripping the nation right now from coast to coast all states like washington have recently legalized it and others like new jersey are currently considering it some states are fighting hard to ban gay marriage permanently answers considering a repeal of its very own same sex marriage law which has the backing of some of the top leaders in the republican controlled legislature in that state conservatives argue that it's time to get back to the true meaning of marriage maybe they mean the biblical meaning in which people are free to marry their sisters or their maids
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or have a harem of concubines similarly voters in minnesota will head to the polls in november to vote on a constitutional amendment that would ban gay marriage in that state and groups like naam are spending massive amounts of money in that state to ensure that the amendment passes because there's something else going on here besides the typical bigotry and aversion equal rights for more americans joining me now on this issue is marty rouse national field director for the human rights for the human rights campaign marty welcome great to be here to have you with us is this it seems to me i mean watching this for years the culture wars you know if it's not it was not gays it's god it's not god it's guns you know and i'm wondering if this thing in minnesota is just an effort to get the to get the fundies out of the fundamentalist church and into the polls on tuesday or you know come november well i think that used to be the case i think that used to be the case that if you have marriage equality on the ballot it brings out the opponents and right wings and
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conservatives but i think what we've seen over time especially the last few years as more and more americans support marriage equality i think that we're seeing it's actually a base out based turner for democrats and progressives to come out as more fair minded people say you know what i support equal rights i support gays and lesbian gay. married and so it's not really clear to me that this is going to help right wingers with turnout it's really going to be a wash it's going to come down to people when they go into that voting booth they're going to look hard into their hearts and going to say you know what do i support loving gay and lesbian couples getting married or do i not and more and more polls show that more people support marriage equality than are against it absolutely and. that's the minnesota one you know getting it on the ballot in new hampshire you've got the legislature talking about doing this the state's been taken over by wrecked right wing wacko doodles. what have i guess the odds are pretty high that they'll probably push this thing through what are the odds that
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that's going to hurt the republican party in that state come november. do you disagree with my reading of this and you know i think you're absolutely right the bottom line is we're going to see something really important happen in the in november we don't know what it's going to be the voters are ultimately going to decide you're right these legislators who really don't represent new hampshire voters overall they are hell bent actually on taking away the marriage rights that gay and lesbian couples have in new hampshire right now we have seen in poll after poll over sixty percent of new hampshire voters do not want to take away marriage rights in the hampshire so while the legislature might in fact repeal marriage in the next week or two or next couple of weeks the voters will actually have the final say because they'll get to reelect or not reelect those legislators who voted for or against repeal and then you'll just have a democratic legislature that will come in and say ok we're going to put it back and put well it's interesting that you say that i would not say that it's a democrat versus republican issue one third of the supporters of keeping the
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marriage law intact in hampshire one third of them are republicans so this is not clearly a democrat versus republican issue a lot of republican support marriage equality in new hampshire and across the country there was a brilliant viral video of the republican state legislator in washington state last week talking about you know the importance of loving relations between relationships being. sanctifying been held up you know as opposed to you know anybody. looking down the road say five years and. i would guess maybe. it's my guess is that will be like it will just be a national thing what are your thoughts about well it really depends on a lot of politics really makes a difference in our country right so we have state after state has to have these conversations the decision of the legislative elections and the courts make a huge difference state courts federal courts as well i would say that it's a really important for everybody everybody watching the news everybody paying attention to what's happening in the real world to understand that this is
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impacting real people's lives this is not a tax going up or down this is not about what's happening somewhere else is happening in your family you know in your family you have a gay person you have someone who's lesbian in your life either directly in your family or immediate family or you work next to that person or you pray with that person in your in your house of worship and so what we're seeing is in state after state people are realizing you know what i have gay people in my life and you know what i might not be comfortable with the term marriage but you know what they're just like i am and i support them they're equal to me and you know what i now have to make the connection between that support that i have for that person a family member and paying attention to the legislators that actually make the difference and will in the grant rights or take away rights and hopefully more people will be paying attention martin thanks so much for being here with us tonight my pleasure thank you michel is an extraordinary energy around the nation right now when it comes to giving gays and lesbians the equal rights they deserve as americans let's keep it up.
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lawmakers on capitol hill received eight hundred thousand reasons to ditch plans to bring back the keystone x.l. pipeline on tuesday as the republican controlled house of representatives gets ready to vote on a sham of a transportation funding bill that includes immediate approval of the keystone x.l. pipeline more than eight hundred thousand messages were handle livered to the u.s. senate from people all across america calling on their senators to oppose the house republicans attempts to resurrect the keystone pipeline this was the result of twenty four hours of online activism spearheaded by the website three fifty dot org in an effort to get a half million people to oppose the pipeline in a single day that goal was shattered proving the environmental movement is not only
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alive and well in america but can claim a few victories against big oil as well but as we know big oil doesn't take no for an answer and now teaming up with the right wing think tank the heartland institute big oil is trying to make sure they win every single environmental battle long into the future how exactly are they planning to do this by brainwashing american students for more on the story i'm joined by amanda beetle reporter at think progress dot org think we're going to hear from the center for american progress is blog great to have you with us again amanda what have you folks at cap discovered about the heartland institute in this plan you broke the story well there have been these documents have come out they've already said that we don't we don't know where they came from and at least at least one has been fake and if you may have been altered but we have these and we have confirmed some of the information that is in them and the biggest part that we've confirmed in this is that the heartland institute has a plan and they are. actively trying to create an education curriculum that would
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be anti climate change to teach students for schools you know ok the heartland is to just to clarify this is a right wing think tank in the pacific northwest as i recall and it's funded by the koch brothers and others. koch brothers or some of the founder funder support and other and the other usual suspects i suppose and and so you said it's an anti climate what what's the essence of this curriculum going to be essentially the goal of the curriculum would be that a senior fellow at the heart of the heartland institute to communicate i think progress told us that their plan is to that they don't think that science is being taught in the right way that climate science isn't actually using what they think the science should be so instead their goal is to turn it around that now they want to say that there's no proof that man is harming climate in any way and
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basically in your way you would be great in that it is a debate it hasn't been settled yet so and they're trying to indoctrinate students in some ways this well not in some way i mean this is like you know there's a debate about whether. you know men and women should have equal rights or the you know the races should have equal rights or there's a debate about whether we should have slavery anymore i mean you know it's like there are some things. isn't isn't a climate science settled science in every developed country in the world except the united states you would think we could catch up with the rest of the world but but but we allow big oil to buy our politicians and to you know the supreme court it's just absolutely bizarre why why or why are they trying to do this i mean given the probabilities climate change seems to moving so rapidly it's becoming so obvious. and we're talking about ten year olds so they're looking out at
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ten twenty thirty year horizons here in terms of you know people turning to voters one. don't they don't they think that the jig is going to be up in a couple of years or are the they really seriously planning for the long it's it looks like they are planning for the long haul if you're looking at something saying that they're saying now they want to implement curriculum to start teaching students so that they can start changing their minds already in that it would kind of start to show up that we're already seeing that in basic in some part of the u.s. it's turning up the year without winter and whereas europe is an absolutely frozen at the moment and you would think that things will start adding up but they must not of. you must not have. any other. well any any specific we have any specifics on whether they're planning on taking this thing on taking this thing out into public schools or is this could be a curriculum that's available to private schools to you know we don't know from the documents that we've seen because they get it's that we're not really sure what
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happened documents were some of some of them they've already said that at least one's been confirmed fake but this information about the school curriculum has been confirmed but i'm not sure if what schools are planning on taking it to a possible or probable that by outing this effort that you put into it. although you know you haven't got any feedback from there's nobody saying no we're not going to do that but they confirmed or denied it to the heartland institute senior fellow the heartland institute did confirm that they are working on the curriculum that defended it by saying that again that they don't think science is being taught in the right way so let's teach adults are teaching their way ok when to thank so much for being with us and if you have a great work that you are doing over there for us thank you this is exactly the sort of stuff that former supreme court justice lewis powell called for in his infamous one nine hundred seventy one memo to the chamber of commerce when he explicitly in that memo suggested rewriting our school textbooks to advance more
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business friendly attitudes to billionaires are continuing their campaign in good old fashion brain. coming up in tonight's daily take hardcore fox news viewers may have noticed a change over the last few months but does this change signify the republican party as a whole. we just put a picture of me when i was like nine years old until the truth. i confess and i am a total get of friends that i love travelling hip hop music and for. that he was kind of a yesterday. i'm very proud of the all the belgians she
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has played. look. you know how sometimes you see a story and it seems so silly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big picture.
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but the good the bad in the very very kimmo poll a just silly ugly good texas county court every law judge bill harris on monday judge here is issued a temporary restraining order against transit and into the company responsible for the keystone x.l. pipeline from doing construction work on a residential farm in paris texas trans canada has already used eminent domain to seize eighty nine properties in texas for the keystone project trans canada went
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after julia chua for its family farm in paris that she has for the temporary restraining order stating that the pipeline is not a project that qualifies under texas as eminent domain was there will now be hearing next week on whether or not trans canada can go for. they're eminent domain claim on crawford's farm legislators in washington are puppets for corporate power in the pipeline project and i see the judge harris as a backbone decided to stand up to trans canada the bad. dr keith ablow blow a so-called expert psychiatry's for fox so-called news was interviewed on tuesday as a part of the network's war against media matters founder david brock when asked to diagnose rock a blow stated who's a very dangerous because having followers of war this is an accident a lot of widgets about violence destruction when he feels destroyed himself a blow continued by saying. this is an adopted boy who needs to plumb the depths of
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his psyche he was adopted many adopted children are tremendously well adjusted but for some reason this young man this man feels as though he's unloved and unlovable shunted to the side and that's the antidote he feels unlimited power guess what it never ever works. well in the fact that no actual respectable doctor would diagnose a patient's sight unseen ablow a basically said the rock was dangerous because he was adopted as a child. is incredible generalisations about adoption are offensive to anyone who's been adopted this type of quackery has no place or media and the very very ugly rick santorum. rick santorum likes to portray himself as an average joe who cares about the nation's poor unfortunately his charitable work says otherwise a decade ago he formed the operation good neighbor charity with a mission statement to help homeless families low income families.

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